St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-06-18
On the Chicago Board OF Trade a Quiet
Feeling Prevailed During The
Merning Session.
The Operators Were Sill Somewhat Re-
luGtaHt About Making New Spec
ulativs Deals.
Large Purchases of Cash Wheat We're,
However, Made, But Strictly
on the Quiet.
Transactions in the Financial Circles
Of Wall Street.-The Gen.
eral Markets.

CHICAGO, June IA quiet feeling pr
vailed during most of the morning session.
Operators were still somewhat reluctant
about making new speculative trades and
most OF the business was in the way of set
ting up or transferring old business An
active shipping demand existed, the orders
coming from various points. Some large
purchases OF cash wheat were made, though
there were was some inclination 10 keep the
matter as quiet as possible The receipts
continue quite large but to q considerable ex-
tent comprise leadings before the break in
prices occurred here. July wheat opened ct
1os4Q14c declined to 73lI434e, at which
figures ii remained pretty firm until about
noon, when the failure of II. p. Wadsham Il
Co. was announced. The firm had good
many trades open. probably 200, 900 bushels
or 100000 bushels aside, and when the stuff
came on the market it broke prices and made
the market weak for the best of the forenoon
July declined to - and during the balance
OF the morning session did not get above
T2s4c. Much the same conditions prevailed
IN the market in June wheat as for July 1t
opened at 12c, but declined to 70ssc, when
the break in July occurred. Prices were a
trifle frmer on the afternoon session,
and July closed At 7234e and June at lie.
For the first time in the history of the road,
the Rock Island road to-day demanded cash
deposit 10 cover all freight charges on grain
shipped. The roads action created quite a
stir among shippers. Corn ruled rather quiet
during mostof the day, though at times there
was moderate trading. The feeling early in
the day was quite firm and under firm de-
mand commission men received a good many
buying orders on country account, and there
being better demand from local specula-
tors. July opened at $3.50, sold down to
367sc and closed at 371sc. There was only q
slight speculative movement in oats. for the
market failed 10 attract many operators. A
quiet and rather easy feeling prevailed in the
provision market and lower prices were ac-
cepted. Offerings were somewhat larger on
behalf OF outside parties, who desired to
realize at the recent advance, while the de-
mand was limited from all sources. The I'M
dertone TO the market showed weakness
with little inclination to make speculative
tracts for July and August delivery. July
short ribs opened at S7.47l2 and closed at
S7.33l2, the lowest figure of the day. July
lard opened ut S6.52I2 and closed at ST. 42L5
about the lowest figure Of the day.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. June, re, closing at Tic;
75S4e, closing at 74s4c; September, &c,
closing at 1850. Corn-No. June, 365sc,
closing at 36ke; July. 379sc, closing at
d fsc, August 3Sf8c, closing at 3Sl2c; Sep
tember, 397sc, closing at 39I2c. Oats-No. 2
June, 25S4e closing at 255Sc; July 26Ssc
closing at 26lsc; September, 25l2c. closingat
25l2c. Mess Pork-Per Dbl, June, go, closing
at S22. Lard-Per 100 lbs., June, Sofia,
closing at S6.371s; July, S6.52I2, closing at
S6.42l2; August, S6.62i2, closing at Sc. SPY;
September. So 72l2, closing at S6.62la. Short
Ribs-Per loo lbs, June, S7.4712 closing at
S1.3212; July, STATE, closing at 1929;
August, --SZ-65, closing at S745: Sep,
TENDER, S7s72ia, closing at S7.55.
Cash quotations were as follows: Flour
Market continues unchanged. Prices nom
inally 10@l5c below last week quotations.
Wheat-No. . spring, 70z4G971Ac; No.
spring, 65066c; No. ? red. 75c. Corn-No.
., 36l2e. Oats-No. 2, 25I2@25s4c. Rye-No.
Il, 53e: Barley,No .; 59c. Flax seed-No.
l, Site Timothy seed-Prime. SI.95. Mess
pork. per Dbl, so Lard, per 100 lbs S631I2
@6.40. Short ribs sides, loose. 81. 37I20c7. 40;
dry sailed shoulders, boxed, S5.60@5. 10;
short clear sides, boxed, S7.75@7. so.
Whiskey, distillers' finished goods, per gal.
S1.l0. Sugars-Cut loaf. 62s@69se; granu-
lated. 6lse; standard A, 5ssc. Receipts
Flour, 10000 bbls; wheat, 261, 900 bu;
corn, rs, oG0 bu: oats, 11I,000 bu:- rye, 1000
bu; barley, 1000 bu. Shipment-Flour,
1900 bbls; +wheat, 1900 bu; corn, II, 900
bu; eats, ,0G0 ,bu; rye, II 900 bu; barley;
$1,000 bu. On the produce exchange to-day
the butter market was easier and lower;
creamery, 146t1Sc; dairy, 12116c. Eggs
were lower, l2la6l3c.